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tv   Business Today  BBC News  October 30, 2024 11:30am-11:46am GMT

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both sides have held major rallies overnight — but kamala harris's was overshadowed by footage of president biden describing donald trump's supporters as "garbage". the white house has claimed he was misunderstood. with less than a week until the us presidential election, our correspondent samira hussain sent this report from washington. campaigning in battleground pennsylvania, former president donald trump on stage with republican senator. i donald trump on stage with republican senator. i wasn't going to say anything — republican senator. i wasn't going to say anything about _ republican senator. i wasn't going to say anything about i _ republican senator. i wasn't going to say anything about i have - to say anything about i have breaking news, just moments ago, joe biden stated that our supporters are garbage. biden stated that our supporters are aaarbae. ., , garbage. four days, the trump cam aiun garbage. four days, the trump campaign has _ garbage. four days, the trump campaign has been _ garbage. four days, the trump campaign has been in - garbage. four days, the trump campaign has been in damage| garbage. four days, the trump - campaign has been in damage control after a comedian took the stage at a in new york city over the weekend calling porter rico a floating island of garbage. on a similar call
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with the tino activists, president biden refer to that event. the only aaarbae i biden refer to that event. the only garbage i see _ biden refer to that event. the only garbage i see floating _ biden refer to that event. the only garbage i see floating out - biden refer to that event. the only garbage i see floating out there i biden refer to that event. the only garbage i see floating out there is| garbage i see floating out there is his supporters. his demonisation is unconscionable.— unconscionable. instead it was the president in _ unconscionable. instead it was the president in damage _ unconscionable. instead it was the president in damage control, - unconscionable. instead it was the l president in damage control, quickly clarifying his comments were in reference to the comments made by the trump supporters. an epic political gaffe by kamala harris's boss. the timing of this one could not be worse. as the vice president delivered herfinal not be worse. as the vice president delivered her final picture to the american people. less than a mile from the white house. {lin american people. less than a mile from the white house.— american people. less than a mile from the white house. on day one, if elected, donald _ from the white house. on day one, if elected, donald trump _ from the white house. on day one, if elected, donald trump would - from the white house. on day one, if elected, donald trump would walk. elected, donald trump would walk into that office with an enemy's list. when elected, i will walk in with a to—do list. list. when elected, i will walk in with a to-do list.— list. when elected, i will walk in with a to-do list. kamala harris has been struggling _ with a to-do list. kamala harris has been struggling to _ with a to-do list. kamala harris has been struggling to distance - with a to-do list. kamala harris has been struggling to distance herself| been struggling to distance herself from mr biden. these comments will likely have the opposite effect.
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the us state department has warned of consequences if israel implements a ban on the main un aid agency for palestinians, as a humanitarian crisis in northern gaza intensifies. it says the legislation could have an effect on us policy. it comes as local health officials reported more than 90 people killed in an israeli airstrike on tuesday on a residential building in the town of bite lahia in northern gaza. 7 israel doesn't allow internationaljounalists — including the bbc — into gaza. our special correspondent fergal keane sent this report from jerusalem — and a warning — it contains distressing images of the aftermath of the strike. bearing the dead... in the middle of this it is provoked widespread international criticism. dozens killed in an israeli air strike. in gaza city where many have
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fled, another strike, the dead lying among market stalls. these boys wondering how to help. there are nearly 2 million displaced in gaza. , facing famine, and depending on unrwa for the basic... we said that the prospect of this was outrageous. it creates an incredibly dangerous precedent for this region and for other places. israel has accused unrwa staff of being involved in the october seven
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attacks. allegations were made against 19 staff out of 2000, staff were subsequent fired. today i met government mp who was sponsoring the legislation. government mp who was sponsoring the le . islation. ~ �* government mp who was sponsoring the leaislation. ~ ~ ., , . government mp who was sponsoring the leaislation. ~ ~ . , . ., legislation. unrwa has decided on the seventh to _ legislation. unrwa has decided on the seventh to go _ legislation. unrwa has decided on the seventh to go on _ legislation. unrwa has decided on the seventh to go on the _ legislation. unrwa has decided on the seventh to go on the wrong - legislation. unrwa has decided on | the seventh to go on the wrong side of history _ the seventh to go on the wrong side of history. so the seventh to go on the wrong side of histo . ., ., ., _, , of history. so no matter what comes from the us — of history. so no matter what comes from the us in _ of history. so no matter what comes from the us in pressure, _ of history. so no matter what comes from the us in pressure, it's - of history. so no matter what comes from the us in pressure, it's a - from the us in pressure, it's a really straightforward question you will not back down? {iii really straightforward question you will not back down?— will not back down? of course not, because we — will not back down? of course not, because we believe _ will not back down? of course not, because we believe in _ will not back down? of course not, because we believe in our- will not back down? of course not, because we believe in our bill- will not back down? of course not, because we believe in our bill and| because we believe in our bill and it is a _ because we believe in our bill and it is a just — because we believe in our bill and it is a just and right bill. the reality is _ it is a just and right bill. the reality is as _ it is a just and right bill. the reality is as gaza _ it is a just and right bill. tue: reality is as gaza needs it is a just and right bill. tte: reality is as gaza needs increased aid. today we spoke to one of only two doctors left in this hospital dealing with patients.
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then we lost contact. there is the debate of what _ then we lost contact. there is the debate of what might _ then we lost contact. there is the debate of what might happen - then we lost contact. there is the j debate of what might happen with unrwa and then there is this. a teenager accused of murdering three children in southport, has appeared in court charged with production of the poison ricin. axel rudakubana appeared at westminster magistrates court on a video link from belmarsh prison to answer two new charges which have resulted from the police s continuing investigation into the suspect. our home and legal correspondent dominic casciani is at westminster magistrates court. tell us about these charges. this is a very short — tell us about these charges. this is
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a very short hearing _ tell us about these charges. this is a very short hearing here _ tell us about these charges. this is a very short hearing here at - a very short hearing here at westminster magistrates' court. it is quite simply, axel rudakubana appeared on video from belmarsh prison. he was wearing standard issue prison tracks suit and he had it zipped up covering most of his face and he was silent do most of the hearing. when he was asked to confirm his name he was silent. the defendant's barrister had to explain that he had been silent at previous hearings and had chosen for his own reasons not to answer the question. nevertheless it was decided that the hearing could go ahead. axel rudakubana was told he was fate facing two charges the production of
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a poison, and a second count of possession of material in preparing acts of terrorism. in particular a pdf. he didn't have to enter a plea to those charges today, because the entire case today is going to be sent to liverpool crown court where, on the 13th of november he will appear before a seniorjudge there. the next stage of the main allegations he faces which is the three counts of murder and ten counts of murder, eight of those
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children in the incident injuly. that hearing in liverpool is effectively, scheduled to be a plea here bring. —— plea hearing. sometimes those hearings are put back for a few weeks, so i think it's important for the audience to understand that it may move because of the logistics of getting things ready in time. he left the video link completely silent as he came in and the next time we will see him is when he appears in court next month china has successfully
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launched its youngest—ever astronauts — or taikonauts — into space — where they'll spend the next six months on a station called "heavenly palace". beijing is aiming for a record year of lunar exploration but the us is growing increasingly alarmed at the prospect of a new space race — laura bicker reports. this launch is yet another step in a growing space race, a battle that could even decide who wins the moon. we are so close that you could feel the ground vibrate and the fact that china feel so confident to have us here shows its own confidence in it growing space ambitions. this is one of a hundred launches they are planning this year as they try to outdo wright and rivalled the united states. these are the three chosen
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to fly to china's space station. they've been in quarantine and kept behind us behind glass. they include china's first female space engineer. translation: i china's first female space engineer. translation:— translation: i dream of exploring the stars and _ translation: i dream of exploring the stars and looking _ translation: i dream of exploring the stars and looking back - translation: i dream of exploring the stars and looking back at - translation: i dream of exploring the stars and looking back at my - the stars and looking back at my home land. my deepest affection will always be for my motherland, no matter where i go. i will keep striving and working tirelessly. the team have trained together for a year to conduct experiments and carry out space walks. the pilot is a veteran but the others are the next generation of space explorers. this year they watch their country carry out a historic first and carry
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out —— collect lunar samples from the other side of the moon. the modern space race is not only getting to the moon it about who will control its valuable resources. the head of nasa is worried that china will claim them. t the head of nasa is worried that china will claim them.— the head of nasa is worried that china will claim them. i think his concerns are _ china will claim them. i think his concerns are unnecessary, - china will claim them. i think his concerns are unnecessary, we i china will claim them. i think his| concerns are unnecessary, we are here for the principles of mutual benefit and joint development. this benefit and joint development. as the astronauts make their last steps on earth for the next six months, they are waived off as national heroes. china's rivalry with the us is no longer based here just on earth. both could still be —— soon
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be staking territorial claims well beyond this planet. just under 45 minutes until rachel reeves budget, let's head over to matthew. thank you, we are waiting for rachel reeves to deliver her first budget. these are the latest pictures from downing street, fresh out of a lengthy cabinet meeting, the chancellor there she is, surrounded by her treasury team. the first budget presented by women in all of our history. we know so many of the
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planks but there is so much detail. this is a huge, budget. we will go through it for the financial state of affairs for the country. the various tax rises, we are expecting almost £35 billion worth of tax rises. the largest tax—raising budget of a generation or so. some of the raw politics that undoubtedly flows from that. she will be framing this in terms of public services, the injection of cash there, helping people, she is talking about putting pounds in peoples pockets and she is repeated the overall objective, investment, investment, investment. that is to do with how a change in the fiscal rules which we will go
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into in just the fiscal rules which we will go into injust a moment. she is now in the building next to me and p and q is due to start in about 15 minutes' time. let me show you the chamber because mps are already in place. the set piece of prime minister's questions happening before the delivery of that budget. already it is pretty full inside the chamber. i mentioned to the changes to the fiscal rules that is likely to be a key element of the budget. here s ben chu from bbc verify with the context. the chancellor has said her borrowing rules will change today in her budget, so what does that mean and why does that matter? well, let's start with the existing borrowing rule, to have the national debt projected to four as a share of the economy between the fourth and fifth years of a rolling five year official forecast. here was the picture during the march budget byjeremy hunt, a very small projected fall in the fifth year, as you can see there.
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because the fall was so small, that meant essentially zero room for extra borrowing, but rachel reeves is, we understand, likely to use a different measure of the national debt, one that also takes into account more government financial assets, such as the student loans made by the state. so what is the significance of that? as you can see, it falls by more in the five years. the upshot is it would enable her to borrow more over the parliament to spend on capital infrastructure. so, what is that? it is things like new transport links, new schools and hospitals and also new energy schemes. she argues those are investments that will enable the uk economy to grow faster than it otherwise would in the long run. many economists think this is a coherent argument, yet they argue it is vital the infrastructure spending projects are wisely chosen and genuinely do boost the economy in the long run. and, after the experience of liz truss's mini budget in 2022, one of the most importantjobs
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for rachel reeves today, is to convince the financial markets from who she will be borrowing that

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